Presented by : Dowen Durham : To View, Telephone 0191 3757599

£500,000 MALVERN VILLAS, DURHAM, COUNTY DURHAM, DH1 DH1 2JP Under Offer

5 Bedroom Terraced

Spacious Five-Bedroom Student Investment Property.We are thrilled to present this generously proportioned five-bedroom student investment property, currently tenanted until the end of July 2026.The property features four double bedrooms, each with en-suite shower rooms and WCs, along with a fifth double bedroom that benefits from its own separate shower room.Key Investment Highlights:Annual Gross Rent: Approximately £46,000 (including utilities) until June 2025.Future Tenancy Secured: Let agreed for the 2025/26 academic year.Fully Furnished Sale: The property is sold with all furniture, fixtures, and fittings included.Modern Efficiency Features: Benefits from UPVC windows, a modern gas central heating system, and solar panels, significantly reducing energy costs.HMO Licence: Licensed for five bedrooms.Development Potential: Opportunity to expand into the attic space (subject to obtaining the necessary consents and permissions).Property Layout:Ground Floor: Entrance porch and hallway, two double en-suite bedrooms, and a lounge with open-plan access to a contemporary refitted kitchen featuring built-in appliances.First Floor: Landing leading to three additional double bedrooms, two with en-suite shower rooms, and a separate shower room for the fifth bedroom.The property has been meticulously maintained, with recent updates to the electrics, heating system, décor, and flooring, creating a stylish, modern, and comfortable living environment for tenants.This property represents a fantastic investment opportunity, combining high rental income, long-term tenancy agreements, and future development potential. Solar Panels fitted, Current HMO Licence, Let for Academic year 2025/26 at £175 per room per week.

GROUND FLOOR 5

Entrance Hallway 5

Lounge/Dining Room 5 5.13m x 3.85m - 16'10" x 12'8" Patio doors to rear outdoor space and open plan access to kitchen.

Kitchen 5 2.13m x 2.17m - 6'12" x 7'1" A modern refitted kitchen with built in appliances.

Bedroom One 5 3.67m x 3.72m - 12'0" x 12'2" Bedroom with Bay window and en-suite shower room.

Bedroom One En-Suite Shower Room 5 En-suite shower room with shower enclosure, wc and basin.

Bedroom Two 5 2.17m x 2.96m - 7'1" x 9'9" Bedroom with en-suite shower room.

Bedroom Two En-Suite Shower Room 5 En-suite shower room with shower enclosure, wc and basin.

FIRST FLOOR 5

First Floor Landing 5

Bedroom Three 5 3.65m x 3.3m - 11'12" x 10'10"

Bedroom Three En-Suite Shower Room 5 En-suite shower room with shower enclosure, wc and basin.

Bedroom Four 5 3.87m x 3.6m - 12'8" x 11'10"

Bedroom Four En-Suite Shower Room 5 En-suite shower room with shower enclosure, wc and basin.

Bedroom Five 5 3.54m x 2.17m - 11'7" x 7'1" Bedroom with use to allocated separate shower room.

Shower Room 5 En-suite shower room with shower enclosure, wc and basin.(Allocated for the use of bedroom Five).

WE CANNOT VERIFY THE CONDITIONS OF ANY SERVICES, FIXTURES, FITTINGS ETC AS NONE WERE CHECKED. ALL MEASUREMENTS APPROXIMATE. YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP THE REPAYMENTS ON ANY MORTGAGE OR LOAN SECURED ON IT. These are draft particulars awaiting vendors approval. They are relased on the understanding that the information contained may not be accurate.